(This is only an advertisement for
information purpose and not a Prospectus announcement)
FOCUS LIGHTING AND FIXTURES LIMITED
CIN: U31500MH2005PLC155278
Our Company was incorporated as Focus. Lighting And Fixtures Private Limited under the
provisions of the Companes. Act 1956 vide certificate of incorporartion dated August 11.
2005 In Mumbai. Subscquently. the name of our Company was changed to Focus Lighting
And Fixtures Limited pursuant to conversion into a public company vide Shareholders"
approval on October 12. 2016 and fresh certificate of Incorporation dated February
22,2017. The Corporate Identification Number of Our Company is U31500MH2005PLC155278. For
further details please refer to chapter titied "Our History and Certain Other
Corporate Matters.' beginning on pape 115 of this Prospectus.
Registered Office: 1007-1010. Corporate Avenue Wing A.
Sonawala Road, Near Udyog Bhavan. Goregaon (Easl). Mumbai - 400063.Maharashtra. India
Tel No.: + 91 22 26865676/72/73/74/75: E-mail: info@pluslighttech.com: Website:
www.pluslighttech.com; Contact Person;
Mr. Amit Vinod Sheth, Managing Director
PROMOTERS OF THE COMPANY: MR. AMIT VINOD SHETH AND MS, DEEPALI
AMIT SHETH
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 9.00,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FULLY
PAID UP OF FOCUS LIGHTING AND FIXTURES LIMITED ("FLFL" OR THE
"COMPANY" OR THE" ISSUER") FOR CASH AT A PRICE OF Rs. 45/- PER EQUITY
SHARE (THE "ISSUE PRICE") (INCLUDING A SHARE PREMIUM OF Rs. 35/- PER EQUITY
SHARE AGGREGATING Rs. 405.00 LAKHS (THE "ISSUE") BY OUR COMPANY. OF WHICH 48.000
EQUITY SHARES OF FACE VALUE Rs. 10/- EACH FULLY PAID UP WILL BE RESERVED FOR SUBSCRIPTION
BY MARKET MAKER TO THE ISSUE ("MARKET MAKER RESERVATION PORTION").THE ISSUE LESS
THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 8,52,000 EQUITY SHARES OF FACE VALUE
Rs. 10/- EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE
ISSUE AND THE NET ISSUE WILL CONSTITUTE 26,64% AND 25,22% RESPECTIVELY OF THE POST ISSUE
PAID UP EQUITY SHARE CAPITAL OF THE OF THE COMPANY.
THIS ISSUE IS BEING IN TERMS OF CHAPTER. XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS
AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO "SECTION VII - ISSUE
INFORMATION" BEGINNING ON PAGE 208 OF THE PROSPECTUS.
THE FACE VALUE OF THE EQUITY SHARES IS RS. 10/- EACH. THE
ISSUE PRICE IS RS. 45/-
THE ISSUE PRICE IS 4.50 TIMES THE FACE VALUE.
ISSUE OPENED ON: MARCH 30, 2017
ISSUE CLOSED ON: APRIL 05, 2017
PROPOSED LISTING: THURSDAY, APRIL 13, 2017
Tne Equity Shares offered through the Prospectus are proposed to be listed on the NSE
Emerge Platform: ("NSE"). In terms of the Chapter XB of the SEBI (ICOR)
Regulations, 2009, as amended from time to time. The Company has received an in-principle
approval letter dated March 10. 2017 from NSE for using its name in the offer document for
listing of its shares on NSE Emerge Platform. For the purpose of this Issue, the
Designated Stock Exchange will be the National Stock Exchange of India Linked. The
trading is proposed to be commenced with effect from Thursday. April 13, 2017.*
* Subjed to receipt of listing and trading approvals from the National Stock Exchange of
India Lmited.
All Applicants participated in the Issue through APPLICATIONS SUPPORTED BY BLOCKED
AMOUNT ("ASBA") process by providing the details of their respective
bank accounts in which the corresponding application amounts were blocked by Self
Certified Syndicate Banks (the "SCSBs").
SUBSCRIPTION DETAILS
The Issue has received 15,453 applications for 7,99,95,000 Equity Shares resulting in
88,8 times suhscription (including reserved portion of Market Maker). The details of the
applications received in the issue (before technical rejections) are as follows:
Details of the Applications Received (Before Technical Rejection);
| Category |
No. of Applications |
% to Total |
Number of Equity Shares |
% to Total |
Subscription (Times) |
| Market Maker |
1 |
0.01 |
48.000 |
0.06 |
1.00 |
| Retail Individual Investors |
15,135 |
97.94 |
4,54.05,000 |
56.76 |
106.58 |
| Other than Retail individual Investors |
317 |
2.05 |
3,45,42,000 |
43.16 |
81.08 |
| TOTAL |
15,453 |
100.00 |
7,99,95,000 |
100.00 |
88.88 |
The details of applications rejected by the Registrar on technical
grounds are detailed below: (Technical rejection)
| Category |
Number of Applications |
Number of Equity Shares |
| Market Maker |
Nil |
Nil |
| Retail Individual Investors |
242 |
7,26,000 |
| Other than Retail individual Investors |
3 |
21,000 |
| TOTAL |
245 |
7.47.000 |
After eliminating technically rejected applications, the fallowing
tables give us Category wise net valid applications.
| Category |
No. of Applications |
% to
Total |
Issue Size (as per Prospectus) |
Proportionate Issue
Size (After rounding off) |
No.of Valid
Shares applied |
Subscription (Times) |
| Market Water |
l |
0,01 |
48,000 |
48,000 |
48,000 |
1.00 |
| *Retail Individual Investors |
14,893 |
97.93 |
4,26,000 |
4,83,000 |
4,46,79,000 |
92.50 |
| Other than Retail individual Investors |
314 |
2.06 |
4,26,000 |
3,69,000 |
3,45,21,000 |
93.55 |
| TOTAL |
15,208 |
100.00 |
9,00,000 |
9,00,00 |
7,92,48,000 |
88.05 |
*As per regulation 43 (4) of SEBI (ICDR) reiail individual investor
category is errtitled to more than fifty percent on proportionate basis, the retail
individual investors shall he allocated that higher percentagee.
ALLOCATION: The Basis of Allotment was finalized in consultation with the
Designated Stock Exchange- National Slock Exchange of India Limited on April 10,2017.
A. Allocation to Market Maker (After Technical Rejections); The Basis of
Allotment to the Market Mater at the issue price of Rs. 45/- per Equity Share. was
finalized in consultation with NSE. The category was subscribed hy 1.00 times. The total
number of shares allotted in this category is 48,000 Equity Shares.
B. Allocation to Retail Individual Investors (After Technical Rejection); The
Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 45/- per
Equity; Share, was finalized In consultation with NSE. The category was subscribed by
92.50 times.. The total number of shares allotted in this category is 483000 Equity Shares
10 161 successful applicants.
The Category-wise details of the Basis of Allotment are as under:
| No.of Shares Applied for (Category wise) |
No.of Applications received |
% to
total |
Total No.
of Shares applied in
each category |
% to total |
Proportionate Shares Available |
Allocation
per Applicant (Before Rounding off) |
Allocation
per Applicant (After Rounding off) |
Ratio of Allottees
to the Applicants RATIO 1 |
Radio of Allottees to the Applicant RATIO 2 |
Number of Successful applicants (after rounding
off) |
Total No. of Shares allocated / allotted |
No. 0f Shares Surplus Deficit |
| 3,000 |
14,893 |
100 |
4.46.79.000 |
100 |
4.83.000 |
32.43 |
3,000 |
1 |
93 |
161 |
4.83.000 |
0 |
| Total |
14,893 |
100 |
4.46.79.000 |
100 |
4.83.000 |
|
|
|
|
161 |
4.83.000 |
0 |
C. Allocation to Other than Retail Individual Investors (After
Techinical Rejections): The Basis of Allotment to the Non Insttutional Investors,
at the issue price of Rs. 45/- per Equity Share was finalized In consultation with NSE.
The category was subscribed 93.55 times. The total number of shares allotted in this
category Is 369000 Equity Shares to 76 successful applicants.
The Categery-wise details of the Basis of Allotment are as under:
| No.of Shares Applied for (Category wise) |
No.of Applications received |
%
to
total |
Total No.
of Shares applied in
each category |
%
to total |
Proportionate Shares Available |
Allocation
per Applicant (Before Rounding off) |
Allocation
per Applicant (After Rounding off) |
Ratio of Allottees
to the Applicants RATIO 1 |
Radio of Allottees to the Applicant RATIO 2 |
Number of Successful applicants (after rounding
off) |
Total No. of Shares allocated/
allotted |
No. 0f Shares Surplus Deficit |
| 6,000 |
84 |
26.75 |
5,04,000 |
1.46 |
5.387 |
64.13 |
3.000 |
2 |
84 |
2 |
6.000 |
613 |
| 9,000 |
22 |
7.01 |
1,98.000 |
0.57 |
2.116 |
96.20 |
3.000 |
1 |
22 |
1 |
3.000 |
884 |
| 12.000 |
24 |
7.64 |
2,88,000 |
0.83 |
3.078 |
128.27 |
3.000 |
1 |
24 |
1 |
3.000 |
-78 |
| 15.000 |
10 |
3.18 |
1,50,000 |
0.43 |
1.603 |
160.34 |
3.000 |
1 |
10 |
1 |
3.000 |
1.397 |
| 18.000 |
6 |
1.91 |
1,08,000 |
0.31 |
1.154 |
192.40 |
0 |
0 |
0 |
|
0 |
-1.154 |
| 21.000 |
11 |
3.50 |
2,31,000 |
0.67 |
2.469 |
224.47 |
3.000 |
1 |
11 |
1 |
3.000 |
531 |
| 24.000 |
11 |
3.50 |
2,64,000 |
0.76 |
2.822 |
256.54 |
3.000 |
1 |
11 |
1 |
3.000 |
178 |
| 27.000 |
5 |
1.59 |
1,53,000 |
0.39 |
1.443 |
288 61 |
3.000 |
1 |
5. |
1 |
3.000 |
1.557 |
| 30,000 |
8 |
2.55 |
2,40,000 |
0.70 |
2.565 |
320.67 |
3.000 |
1 |
8 |
1 |
3,000 |
435 |
| 33.000 |
6 |
1.91 |
1.98,000 |
0.57 |
2.116 |
352 74 |
3.000 |
1 |
6 |
1 |
3.000 |
884 |
| 36,000 |
1 |
0.32 |
36,000 |
0.10 |
385 |
384.81 |
0 |
0 |
0 |
|
0 |
-385 |
| 39,000 |
8 |
2.55 |
3,12,000 |
0.90 |
3.335 |
416.88 |
3.000 |
l |
8 |
1 |
3,000 |
-335 |
| 42,000 |
1 |
0.32 |
42.000 |
0.12 |
449 |
448.94 |
0 |
0 |
0 |
|
0 |
-449 |
| 45,000 |
10 |
3.18 |
4.50.000 |
l.30 |
4.810 |
481.01 |
3.000 |
2 |
10 |
2 |
6.000 |
1,190 |
| 48.000 |
1 |
0.32 |
48.000 |
0.14 |
513 |
513.08 |
0 |
0 |
0 |
|
0 |
-513 |
| 51.000 |
2 |
0.64 |
1.02.000 |
0.30 |
1.090 |
545.15 |
0 |
0 |
0 |
|
0 |
-1.090 |
| 54.000 |
9 |
2.87 |
4.86.000 |
1.41 |
5.195 |
577.21 |
3.000 |
2 |
9 |
2 |
6.000 |
805 |
| 57.000 |
2 |
0.64 |
1.14.000 |
0.33 |
1.219 |
609.28 |
0 |
0 |
0 |
|
0 |
-1.219 |
| 60.000 |
3 |
0.96 |
1 .80.000 |
0.52 |
1.924 |
641.35 |
3.000 |
1 |
3 |
1 |
3.000 |
1.076 |
| 63.000 |
2 |
0.64 |
1.26.000 |
0.36 |
1.347 |
673.42 |
0 |
0 |
0 |
|
0 |
-1.347 |
| 66,000 |
5 |
1.59 |
3.30.000 |
0.96 |
3.527 |
705.48 |
3.000 |
1 |
5 |
1 |
3.000 |
-527 |
| 72.000 |
4 |
1.27 |
2.88.000 |
0.83 |
3.078 |
769.62 |
3.000 |
1 |
4 |
1 |
3.000 |
-78 |
| 75.000 |
1 |
0.32 |
75.000 |
0.22 |
802 |
801.69 |
0 |
0 |
0 |
|
0 |
-802 |
| 78.000 |
2 |
0.64 |
1.56.000 |
0.45 |
1.668 |
833.75 |
3.000 |
1 |
2 |
1 |
3.000 |
1.332 |
| 84.000 |
1 |
0.32 |
84.000 |
0.24 |
898 |
897.89 |
0 |
0 |
0 |
|
0 |
-898 |
| 87.000 |
3 |
0.96 |
2.61.000 |
0.76 |
2.790 |
929.96 |
3.000 |
1 |
3 |
1 |
3.000 |
210 |
| 90.000 |
3 |
0.96 |
2,70.000 |
0.78 |
2.886 |
962.02 |
3.000 |
1 |
3 |
1 |
3.000 |
114 |
| 93.000 |
3 |
0.96 |
2,79.000 |
0.81 |
2.982 |
994.09 |
3.000 |
1 |
3 |
1 |
3.000 |
18 |
| 96.000 |
2 |
0.64 |
1,92.000 |
0.56 |
2.052 |
1.026.16 |
3.000 |
1 |
2 |
1 |
3.000 |
948 |
| 99.000 |
1 |
0.32 |
99.000 |
0.29 |
1.058 |
1.058.23 |
0 |
0 |
0 |
|
0 |
-1.058 |
| 1,02.000 |
1 |
0.32 |
1,02.000 |
0.30 |
1.090 |
1.090.29 |
0 |
0 |
0 |
|
0 |
-1.090 |
| 1.08.000 |
1 |
0.32 |
1.08.000 |
0.31 |
1,154 |
1.154.43 |
0 |
0 |
0 |
|
0 |
-1.154 |
| 1.11.000 |
5 |
1.59 |
5.55.000 |
1.61 |
5.932 |
1.186.50 |
3.000 |
2 |
5 |
2 |
6.000 |
68 |
| 1.14.000 |
1 |
0.32 |
1.14.000 |
0.33 |
1.219 |
1.218.56 |
0 |
0 |
0 |
|
0 |
-1.219 |
| 1.20.000 |
2 |
0.64 |
2.40.000 |
0.70 |
2.565 |
1.282.70 |
3,000 |
1 |
2 |
1 |
3.000 |
435 |
| 1.29.000 |
1 |
0.32 |
1.29.000 |
0.37 |
1.379 |
1.378.90 |
3,000 |
1 |
1 |
1 |
3 000 |
1.621 |
| 1.50.000 |
1 |
0.32 |
1.50.000 |
0.43 |
1.603 |
1.603.37 |
3,000 |
1 |
1 |
1 |
3.000 |
1.397 |
| 1.53.000 |
3 |
0.96 |
4.59.000 |
1.33 |
4.906 |
1.635.44 |
3,000 |
2 |
3 |
2 |
6,000 |
1.094 |
| 1.65.000 |
1 |
0.32 |
1.65.000 |
0.48 |
1.764 |
1.763.71 |
3,000 |
1 |
1 |
1 |
3.000 |
1.236 |
| 1.80.000 |
1 |
0.32 |
1.80.000 |
0 52 |
1.924 |
1.924.05 |
3,000 |
1 |
1 |
1 |
3,000 |
1.076 |
| 2.07.000 |
2 |
0.64 |
4.14.000 |
l 20 |
4.425 |
2.212.65 |
3,000 |
1 |
2 |
1 |
3,000 |
-1,425 |
| 2.22,000 |
4 |
1.27 |
8.88.000 |
2 57 |
9.492 |
2.372.99 |
3,000 |
3 |
4 |
3 |
9.000 |
-492 |
| 2.25.000 |
2 |
0.64 |
4.50.000 |
l.30 |
4.810 |
2.405.06 |
3,000 |
1 |
1 |
2 |
6.000 |
1,190 |
| 2,40,000 |
1 |
0.32 |
2.40.000 |
0.70 |
2.565 |
2.565.39 |
3,000 |
1 |
1 |
1 |
3.000 |
435 |
| 2,76,000 |
1 |
0.32 |
2.76.000 |
0.80 |
2.950 |
2.950.20 |
3,000 |
1 |
1 |
1 |
3.000 |
50 |
| 3,00,000 |
2 |
0.64 |
6.00.000 |
1.74 |
6.413 |
3.206.74 |
3,000 |
1 |
1 |
2 |
6.000 |
-413 |
| 3.30.000 |
1 |
0.32 |
3.30.000 |
0.96 |
3.527 |
3.527.42 |
3,000 |
1 |
1 |
1 |
3.000 |
-527 |
| 3.33.000 |
3 |
0.96 |
9.99.000 |
2.89 |
10.678 |
3.559.49 |
3,000 |
1 |
1 |
3 |
9.000 |
-1.678 |
| 3.36.000 |
2 |
0.64 |
6.72.000 |
1.95 |
7.183 |
3.591.55 |
3,000 |
1 |
1 |
2 |
6.000 |
-1.183 |
| 4.08.000 |
1 |
0.32 |
4.08.000 |
1.18 |
4.361 |
4.361.17 |
3,000 |
1 |
1 |
1 |
3.000 |
-1.361 |
| 4.20.000 |
1 |
0.32 |
4.20.000 |
1.22 |
4.489 |
4.489.44 |
3,000 |
1 |
1 |
1 |
3.000 |
-1.489 |
| 4.44.000 |
3 |
0.96 |
13.32.000 |
3.86 |
14.238 |
4.745.98 |
3,000 |
1 |
1 |
3 |
9.000 |
-5.238 |
| 4.44.000 |
|
|
|
|
|
|
3,000 |
2 |
3 |
|
6.000 |
6.000 |
| 4.50.000 |
1 |
0.32 |
4.50.000 |
1.30 |
4.810 |
4.810.12 |
6,000 |
1 |
1 |
1 |
6.000 |
1.190 |
| 7,86,000 |
1 |
0.32 |
7.86.000 |
2 28 |
8.402 |
8.401.67 |
9,000 |
1 |
1 |
1 |
9.000 |
598 |
| 8,31,000 |
1 |
0.32 |
8.31.000 |
2.41 |
8.883 |
8.882.68 |
9,000 |
1 |
1 |
1 |
9.000 |
117 |
| 8,34,000 |
3 |
0.96 |
25.2.000 |
7.25 |
26.744 |
8.914.75 |
9,000 |
1 |
1 |
3 |
27,000 |
256 |
| 8,43,000 |
1 |
0.32 |
8.43.000 |
2.44 |
9.011 |
9.010.95 |
9,000 |
1 |
1 |
1 |
9,000 |
-11 |
| 8.52,000 |
16 |
5 02 |
1.36.32.000 |
39.50 |
|
9.107.15 |
9,000 |
1 |
1 |
16 |
1.44.000 |
-1,722 |
| Total |
314 |
100.00 |
3.45,21.000 |
100.00 |
2.23.278 |
|
|
|
|
76 |
3,69,000 |
0 |
The Board of directors of the Company at us meeting held on April
10,2017 has taken on record the Basis of Allocation of Equity Shares approved by the
designated stock Exchange viz. National Stack Exchange of India Limited and has authorized
the corporate action for the transfer of the Equity Shares to various successful
applicants.
The CAN and allotment advice and/or notices will be dispatched to the address of the
Applicants as registered with the depositories on or before April 13,2017. Further, the
Instructions to Sell Certified Syndicate Banks for unblocking the amount are being
processed on or prior to April 11,2017 In case the same is not received within four
working days, investors may contact Registrar at the address given below. The Equity
Shares allocated to successful applicants are being credited to their beneficiary accounts
subject to validation of the account details with the depositories concemed. The Company
is taking steps to get the Equity Shares admitted for trading on NSE Emerge Platform
within six working days from the date of the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the
raspective meaning assigned to them in the Prospectus dated March 20.2017
("Prospectus"). INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar
to the Issue,BIGSHARE SERVICES PRIVATE LIMlTED at www.bigshareonline.com;
All future correspondence in this, regard may kindly be addressed to the Registrar to the
Issue quoting full name of the First/Sole applicants, serial number of the Application
Forrn, number of shares applied for and Bank Branch where the application had been lodged
and payment details at the address of the Registrar given below:
BIGSHARE SERVICES PRIVATE LIMITED
E2 Ansa Industrial Estale, Sakivihar Road, Sakinaka, Andheri East, Mumbai - 400072.
Tel: +91 22 40430200; Fax; +91 22 28475207
E-mail: ipo@bigshareonline.com;
Website: www.bigshareonline.com
Contact Person: Mr Ashok Shetty SEBI Registration No :
INR000001385
Date: April 11,2017
Place: Mumbai |
For FOCUS LIGHTING ANO FIXTURES LIMITED
On behall of the Board of Directors
Sd/-
Managing Director |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET
PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF THE FOCUS
LIGHTING AND FIXTURES LIMITED. |